Categories: Gaming News

Intel reduces stake in ASML to below 3 percent

AMSTERDAM (Reuters) – Intel (INTC.O) has reduced its stake in supplier ASML Holding (ASML.AS) to just below 3 percent, according to an update from the registry of the Netherlands’ Authority for Financial Markets (AFM) on Friday.

The Intel logo is shown at E3, the world’s largest video game industry convention in Los Angeles, California, U.S. June 12, 2018. REUTERS/Mike Blake

Intel and two other major semiconductor makers bought stakes in ASML in 2012, in part to help fund development of ASML’s newest generation of lithography systems, which perform a critical step in the chipmaking process. The chipmakers have been gradually selling down their stakes in ASML since.

In December 2017, the AFM said Intel’s stake had fallen below a 5 percent reporting threshold.

Reporting by Toby Sterling; Editing by Mark Potter

Author

PCG1

Recent Posts

Steam ends April with 6 new free games you can download and keep

     ​    PCGaming 1 News Read More  ​Steam gamers everywhere can currently end April with six…

1 day ago

‘Manor Lords’ Playercount Explodes As Steam’s Newest Surprise Megahit

     ​    PCGaming 1 News Read More  ​Manor Lords? Manor Lords. The biggest games on Steam…

1 day ago

Stellar Blade’s New Censorship Controversy Is Extremely Bizarre

     ​    PCGaming 1 News Read More  ​Stellar Blade has been at the center of a…

1 day ago

New Elder Scrolls Online DLC hits PTS, and you can try before you buy

     ​    PCGaming 1 News Read More  ​New Elder Scrolls Online chapter Gold Road is just…

1 day ago

Call of Duty meets Watch Dogs in upcoming Unreal Engine 5 shooter

     ​    PCGaming 1 News Read More  ​Very little is known about this upcoming game from…

1 day ago

Fallout 5 teased by Bethesda, but we’re in for a wait

     ​    PCGaming 1 News Read More  ​With the runaway success of Amazon Prime's shiny new…

1 day ago

This website uses cookies.